VinAssure™ creates a wine industry ecosystem to optimize traceability, efficiency and profitability across the wine supply chain.

The global wine supply chain is chaotic and unpredictable. While facing an unprecedented demand for a smarter, safer supply chain, the wine industry also faces a complex set of logistics challenges, including maintaining proper temperature conditions during transport, data disruptions and a lack of transparency along the journey to the end consumer, all of which have a negative impact on brand reputation and the bottom line.

To resolve these wine supply chain issues and enhance opportunities through a collaborative network, eProvenance created the VinAssure™ blockchain solution. VinAssure™ connects participants across the wine supply chain through a permissioned, permanent and shared record of data.

Designed to improve transparency from grape to glass, VinAssure™ helps drive down logistics costs and incentivize excellent handling to assure wine quality, no matter where the wine travels.

Building a successful wine ecosystem that encourages and rewards participation also requires giving members control over what data they share. Roles in the wine supply chain can overlap and fluctuate such that today’s partner can be tomorrow’s competitor. With “doors” that can be open or shut to other members in the network, VinAssure™ preserves sensitive information, such as pricing, which members may not wish to share. Incentives for sharing information and meeting performance expectations are built into the platform. VinAssure™ can even incorporate “smart contracts” that execute automatically when conditions of satisfaction are reached.